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    581 E Jefferson Ave Detroit, MI 48226

    For Lease
    Contact for pricing

    1,525 SF freestanding retail building in downtown Detroit.

    Property size:
    1,525 SF
    Lot size:
    0.12 Acres

    Property Features for 581 E Jefferson Ave

    General Information

    Size
    1,525 SF
    Lot size
    0.12 Acres

    Source: Iconic Real Estate Agent Kees Janeway

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Detroit Retail Building For Rent

    Located on Jefferson Avenue across from the Renaissance Center in downtown Detroit, this 1,525 square-foot freestanding retail building is available for rent. The property features an existing hood, walk-in cooler, and restroom. A new motorized metal roll-top storefront cover has been installed. Twelve on-site parking spaces are available. Monument signage is also available. The property is located in proximity to Greektown, Comerica Park, Ford Field, Campus Martius, Blue Cross Blue Shield, the Detroit Riverwalk and parks, and other attractions.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.038167
    Latitude
    42.332017

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    FAQs

    What type of property is this?
    Retail space - 1,525 SF freestanding retail building in downtown Detroit.
    Where is this retail space located?
    The property is located at 581 E Jefferson Ave Detroit, MI.
    What are key features of this property?
    This property features: - Prime location across from the Renaissance Center in downtown Detroit.; - 1,525 SF freestanding retail building with existing hood, walk-in cooler, and restroom.; - 12 Onsite Parking Spaces.
    (313) 603-4266
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    581 E Jefferson Ave Detroit, MI 48226
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